Comments on: Positioning Myself Accordingly For Future Hyperinflation

By: Good Call I-cans

Good Call I-cans — Sat, 30 Apr 2011 01:57:55 +0000

Well you're positioning has definitely paid off the last few years! Good work.

By: Mom

Mom — Thu, 22 Jan 2009 21:13:25 +0000

I thought you might enjoy reading this. It’s kinda basic but good financial planning information. Perhaps for your 401k??

By: kevin duffey

kevin duffey — Wed, 07 Jan 2009 22:23:57 +0000

I would say that the consequence would be that you might lose money on your gold investment. However, gold will always be worth something and over the long term has always been a great way to keep the value of your wealth.

The risk of holding gold is FAR LESS than the risk of holding all cash. With Obama’s administration projecting trillion dollar deficits from here on out, there is no way we get out of our debt without inflation.

We might not get 1920′s Germany style hyper-inflation, but we’re sure to get inflation to some degree. Any inflation means gold will be a good thing to hold.

I’ve yet to read a strong fundamental argument for a stronger dollar over the long term.

Good luck.

By: bob

bob — Wed, 07 Jan 2009 21:41:02 +0000

A question:

What is the consequence of following your advice (buying gold, un-leveraged commodities) if you are wrong (no hyper-inflation)?

By: Doctor S

Doctor S — Fri, 19 Dec 2008 01:49:24 +0000

If you are right you are going to be a very happy person! I do agree with many of your points and you make the appropriate decisions regarding your investments according to your stance. I think your stance reflects much of the majority these days but that is just my opinion. I hoping that,not only our domestic market, but also our world markets rebound with the upcoming year. However, I think a more reasonable synopsis would be the 2-3 year outlook. Great explanation. —doc